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LARSON v. LAKEVIEW LOFTS, LLC

No. A10-2031.

804 N.W.2d 350 (2011)

Paul W. LARSON, et al., Respondents, v. LAKEVIEW LOFTS, LLC, et al., Appellants.

Court of Appeals of Minnesota.

September 6, 2011.

Attorney(s) appearing for the Case

Michael L. Puklich , Neaton & Puklich, PLLP, Chanhassen, MN, for respondents.

Eric J. Magnuson , Amie E. Penny , Briggs and Morgan, P.A., Minneapolis, MN, Craig M. Mertz , Craig M. Mertz Law Office, Chanhassen, MN, for appellants.

Considered and decided by SCHELLHAS, Presiding Judge; PETERSON, Judge; and MINGE, Judge.

OPINION

MINGE, Judge.

Appellants, an individual developer and his condominium-development company, challenge the district court's determination that they breached fiduciary/good-faith obligations imposed on them by Minn. Stat. § 515B.3-120(a)(2) (2010),1 arguing that they did not have such obligations incident to selling the last 17 condominium units of the development and that, if they did, their conduct did not constitute...

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